Save on 2009 Hyundai Accent Car Insurance Rates

Have you fallen victim to an overpriced insurance policy? Trust us when we tell you there are lots of people in the same boat.

Online insurance companies like GEICO, Farmers Insurance and State Farm persitently shower you with ad campaigns and consumers find it hard to avoid their marketing magic and do the work needed to find the best deal.

If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this strategy. Buying car insurance is easy if you know what you’re doing. But drivers need to have an understanding of the way insurance companies sell insurance online because it can help you find the best coverage.

The best way we recommend to compare policy rates is to realize most larger insurance companies allow for online access to give you rate quotes. To start a quote, the only thing you need to do is give the companies some data including how much coverage you want, whether you drive to work or school, whether you are single or married, and if it has an alarm system. That rating information is automatically sent to multiple top-rated companies and you will get price comparisons with very little delay.

Discounts on Hyundai Accent insurance

Car insurance is not cheap, but discounts can save money and there are some available that many people don’t even know exist. Most are applied at the time of quoting, but a few need to be manually applied prior to getting the savings.

  • Low Mileage Discounts – Driving fewer miles could be rewarded with better rates on cars that stay parked.
  • Senior Discount – Older drivers may qualify for a small decrease in premiums for Accent insurance.
  • Own a Home – Owning a house can save you money because of the fact that having a home shows financial diligence.
  • Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off your medical payments premium.
  • Defensive Driving Course – Completing a course teaching defensive driving skills can save you 5% or more if your company offers it.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education if it’s offered in school.

As a disclaimer on discounts, most of the big mark downs will not be given the the whole policy. A few only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like you would end up receiving a 100% discount, you’re out of luck. Any amount of discount will reduce the amount you have to pay.

To see a list of insurers with the best auto insurance discounts, click here to view.

Tailor your coverage to you

When it comes to choosing coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is unique so this has to be addressed. For example, these questions may help you determine if your insurance needs would benefit from an agent’s advice.

  • Who is covered by my policy?
  • How much liability coverage do I need in my state?
  • Why is insurance for a teen driver so high?
  • Is my teenager covered with friends in the car?
  • Should I buy additional glass protection?
  • Do I need higher collision deductibles?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Why your Hyundai Accent insurance rates may be high

It’s important that you understand some of the elements that help determine the price you pay for insurance coverage. Understanding what determines base rates allows you to make educated decisions that could result in much lower annual insurance costs.

The following are some of the items companies use to determine premiums.

  • Choose a safe vehicle and save – Vehicles with good safety scores can get you lower premiums. These vehicles reduce injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Hyundai Accent has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Little extras can really add up – There are many extra coverages that you can buy on your insurance coverage policy. Coverages like rental car reimbursement, towing coverage and motor club memberships are examples of these. These coverages may sound good when talking to your agent, but if you don’t need them get rid of them and save.
  • How many coverages with the same company – The majority of insurance companies will award you with lower prices to customers who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, you still need to shop around to confirm you are receiving the best rates possible.
  • Mature drivers pay less – Youthful drivers have a tendency to be more careless when behind the wheel so they pay higher insurance coverage rates. Older insureds are viewed as being more responsible, tend to cause fewer accidents and tend to be better behind the wheel.

Misconceptions in car insurance advertisements

21st Century, Allstate and State Farm consistently run ads on television and other media. All the companies make an identical promise that you’ll save big if you change your policy. How can each company say the same thing?

All the different companies have a certain “appetite” for the right customer that earns them a profit. For instance, a driver they prefer might be profiled as between 30 and 50, owns a home, and drives less than 10,000 miles a year. A driver who matches those parameters will qualify for the lowest rates and therefore will cut their rates substantially.

Potential insureds who don’t qualify for the “perfect” profile must pay higher rates which usually ends up with the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “everybody who quotes” save money. That’s why insurance companies can confidently advertise the way they do.

This illustrates why it is so important to get as many quotes as possible. Because you never know which company will give you the biggest savings on Hyundai Accent insurance.

Car insurance 101

Understanding the coverages of your policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on most insurance policies.

Comprehensive coverages

This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hail damage, vandalism and hitting a deer. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for medical payments

Med pay and PIP coverage pay for short-term medical expenses for funeral costs, chiropractic care, nursing services and X-ray expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as rolling your car, hitting a parking meter, hitting a mailbox and scraping a guard rail. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Hyundai Accent.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important. Usually these coverages are similar to your liability insurance amounts.

Liability

Liability insurance will cover damages or injuries you inflict on other’s property or people by causing an accident. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as funeral expenses, medical services, bail bonds and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Do the work, save more money

Low-cost 2009 Hyundai Accent insurance can be purchased online in addition to many insurance agents, so you should compare both to have the best rate selection. Some companies do not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

We’ve covered a lot of information how to compare insurance prices online. The most important thing to understand is the more times you quote, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest premiums are with a smaller regional carrier. These companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.

While you’re price shopping online, do not skimp on coverage in order to save money. There have been many situations where an insured dropped full coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to get the best coverage possible at a price you can afford.

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